Insight ReportKohl’s (KSS) 1Q16 Results: Top-Line Challenges in 1Q; Consumers Are “Not Buying Apparel” Coresight Research May 12, 2016 Executive Summary Kohl’s reported adjusted 1Q16 EPS of $0.31 versus the consensus estimate of $0.37. Total revenues were $3.97 billion, below consensus of $4.13 billion. Comps declined by 3.9%, below consensus of a 0.2% increase. Management noted that sales in the quarter were challenging. Transactions per store, a proxy for traffic, were down 4.1% in the period. Management also commented that apparel was an area of weakness, as consumers are “not buying apparel.” While management did not update its full-year guidance, it commented that it plans to focus on same-store sales and SG&A. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Higher-Income Consumers’ Economic Sentiment Dives: Weekly US Consumer Sentiment, Week 45, 2025—Data GraphicWeekly US Store Openings and Closures Tracker 2025, Week 21: US Store Closure Cross 5,000 as Rite Aid Begins Closing StoresInnovator Profile: ShopVision—Paving the Way for Intelligent E-Commerce with an AI TeammateHead-to-Head in Global Discount Grocery Retailing: Aldi vs. Lidl
